the federal reserve bank says uncertainty over washington, d.c.'s policy has raised the u.s. jobless rate. it could have been 6.5%, not 7.8% unemployment rate reported last year. with that bus uncertainty over what washington will do, we're waiting to see what the next jobs report will show in early september. >> neil: you can understand why they're cautious. you can see -- you argue they ty have ever reason to hold back on full time hiring. >> it's basic. if you ever run a business, you would know. if you have to hire people, it's a cost. what are your costs? you don't know. if you don't know, you don't know what liabilities you're taking on. you're cautious, you go on the sidelines. the united states of america, where we prize progress and growth, we have a law in place in a makes it a crime in terms of cost, if you have more than 50 people starting a business and putting people who want to work full time into part-time jobs. the shocker, which lizzyed touched on, is median income the united states is down 5% since the so-called recovery. that never happened before. >> neil